The problem with Andrew Bailey telling people to avoid pay rises ...Middle East

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The problem with Andrew Bailey telling people to avoid pay rises
BANK of England Governor Andrew Bailey told the Treasury Committee of the House of Commons this week that what the country needed now was people to give up their pay rises so that inflation could be brought under control. He literally could not have got his diagnosis of the problem we face or the prescription of the measures needed to tackle it more wrong if he had set out to do so.

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